Posted by:
Widget
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Date: March 06, 2013 04:34PM
Thanks to deconverted2010 for the heads-up about LD$ Inc.'s money shell game using psychologically-coerced cash (i.e., "tithes and offerings") from hoodwinked Canadian Mormons, whose financial well-being in this life and "exaltation" after death partly depends on them forking over at least 10% of their income, money gifts, pension(s), inheritance(s), etc. to the money-grubbing Morg, per LD$ doctrine.
Online Canada Revenue Agency info. (see the CRA link below) reveals that there are 10 "Qualified Donees - THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS IN CANADA":
One in the USA: Brigham Young University
Nine in Canada: Wildwood, Coronation Park, Surrey 1st, Park Meadows, Shawnessy, Surrey 3rd, Legacy, Willow Park, and Surrey 2nd (Spanish).
Having lived in the metro Vancouver area, which includes Surrey, I recognized Surrey 1st, 2nd (Spanish), and 3rd as LD$ units/congregations in the community. (They're listed here: www.yellowpages.ca/search/si/1/Church+Of+Jesus+Christ+Of+Latter+Day+Saints/Surrey ).
The other Cdn. "Qualified Donees" are also LD$ units/congregations, based on YellowPages.ca info.
So, for the CRA reporting period (one recent calendar year, probably 2011), LD$ Inc. took in a total of $103,984,696 from Cdn. Mormons, and without telling them, send 99% of the funds ($102.9M) to its Brigham Young University in the USA.
Using misleading LD$ indoctrination materials and sermons from church leaders, Latter-day Saints in Canada (as in all countries) have repeatedly been told that "Tithing funds are used to build churches and temples, to sustain missionary work, and to build the kingdom of God on earth" (ref. www.lds.org/scriptures/gs/tithes-tithing?lang=eng).
What does subsidizing BYU have to do with building the LDS-imagined "kingdom of God on earth" (a.k.a. LD$ Inc.)? Nothing; BYU is a post-secondary education institution.
What IS the marketed "Purpose of the Church"? Text on lds.org provides the answer: "The Church of Jesus Christ of Latter-day Saints was organized by God to assist in His work to bring to pass the salvation and exaltation of His children.... In fulfilling its purpose to help individuals and families qualify for exaltation, the Church focuses on divinely appointed responsibilities. These include helping members live the gospel of Jesus Christ, gathering Israel through missionary work, caring for the poor and needy, and enabling the salvation of the dead by building temples and performing vicarious ordinances."
(Ref. www.lds.org/handbook/handbook-2-administering-the-church/priesthood-principles?lang=eng#22 )
To any lurking Cdn. Mormons, how do you feel about not being told the truth by LD$ Inc.'s Profits about where your "tithes and offerings" have ended up?
Why would the Morg's Profits' allow this kind of money shell game? Because people have been leaving the duplicitous LD$ Church "in droves", as reported in Jan. 2012 by Reuters. As hundreds of thousands of members have woken up to the fact that Mormonism is a fraud, they've stopped their payments of "tithes and offerings" and resigned.
But LD$ Inc. has always been about wealth-expansion (for itself, not its rank-and-file membership, of course). Using cash from its American income sources, the money managers at the Morg's Ensign Peak Advisors have no doubt been able to do MORE trades using sophisticated financial instruments (e.g., calls, puts, futures, FOREX spreads).
Computer tools such as trading software with a trailing stop-loss feature and electronic charting with programmable indicators have been around for years. The main advantage they've offered is maximizing profits on trades.
And PROFITS mean EVERYTHING to LD$ Inc., the 'one, true' corporation of Je$u$ Chri$t.
Here's the Canada Revenue agency link:
http://www.cra-arc.gc.ca/ebci/haip/srch/t3010form22gifts-eng.action?b=119223758RR0001&e=2010-12-31&n=THE+CHURCH+OF+JESUS+CHRIST+OF+LATTER-DAY+SAINTS+IN+CANADA&r=http%3A%2F%2Fwww.cra-arc.gc.ca%3A80%2Febci%2Fhaip%2Fsrch%2Ft3010form22-eng.action%3Fb%3D119223758RR0001%26amp%3Be%3D2010-12-31%26amp%3Bn%3DTHE%2BCHURCH%2BOF%2BJESUS%2BCHRIST%2BOF%2BLATTER-DAY%2BSAINTS%2BIN%2BCANADA%26amp%3Br%3Dhttp%253A%252F%252Fwww.cra-arc.gc.ca%253A80%252Febci%252Fhaip%252Fsrch%252Fbasicsearchresult-eng.action%253Fs%253Dregistered%2526amp%253Bk%253Dchurch%252Bof%252Bjesus%252Bchrist%252Bof%252Blatter-day%252Bsaints%2526amp%253Bb%253Dtrue%2526amp%253Bp%253D2